Commit to completing your plan. Perform your own due diligence; research and investigate as much as you can to make yourself competitive in your marketplace and determine the feasibility, viability, and desirability of your company. Provide evidence to back up your claims. Engage others to review your plan and perform due diligence. Things to think about when determining the feasibility, viability, and desirability of your business:
- Feasibility– Can you get it to be a business? Is it capable of being done, practicable, possible, likely, reasonable, probable, and suitable?
- Viability– Can it stay a business? What stage of development that permit the business to live and/or grow?
- Desirability– Is it worth wanting? Will it produce desired financial results?
Back to Section 4: Operations Planning